Impact Partnership Wealth LLC Has $501,000 Stock Holdings in The Hartford Financial Services Group, Inc. (NYSE:HIG)

Impact Partnership Wealth LLC increased its stake in The Hartford Financial Services Group, Inc. (NYSE:HIG) by 12.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,583 shares of the insurance provider’s stock after buying an additional 491 shares during the period. Impact Partnership Wealth LLC’s holdings in The Hartford Financial Services Group were worth $501,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in HIG. McGlone Suttner Wealth Management Inc. grew its stake in shares of The Hartford Financial Services Group by 2.1% in the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 5,239 shares of the insurance provider’s stock valued at $573,000 after buying an additional 108 shares during the period. Sustainable Insight Capital Management LLC grew its holdings in shares of The Hartford Financial Services Group by 70.8% during the fourth quarter. Sustainable Insight Capital Management LLC now owns 46,795 shares of the insurance provider’s stock valued at $5,119,000 after buying an additional 19,395 shares during the last quarter. Lifestyle Asset Management Inc. increased its position in shares of The Hartford Financial Services Group by 0.9% during the fourth quarter. Lifestyle Asset Management Inc. now owns 11,499 shares of the insurance provider’s stock worth $1,258,000 after acquiring an additional 98 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of The Hartford Financial Services Group by 2.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 139,060 shares of the insurance provider’s stock worth $15,213,000 after acquiring an additional 3,184 shares during the last quarter. Finally, Advisory Alpha LLC bought a new position in The Hartford Financial Services Group in the 4th quarter valued at about $204,000. 93.42% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other The Hartford Financial Services Group news, EVP Adin M. Tooker sold 6,865 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $117.04, for a total value of $803,479.60. Following the transaction, the executive vice president now directly owns 25,820 shares of the company’s stock, valued at approximately $3,021,972.80. This trade represents a 21.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on HIG shares. Bank of America upped their price target on The Hartford Financial Services Group from $121.00 to $124.00 and gave the stock a “neutral” rating in a report on Thursday, October 10th. Jefferies Financial Group increased their price target on The Hartford Financial Services Group from $113.00 to $127.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. BMO Capital Markets upped their target price on shares of The Hartford Financial Services Group from $100.00 to $141.00 and gave the stock a “market perform” rating in a report on Wednesday, November 27th. StockNews.com upgraded The Hartford Financial Services Group from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of The Hartford Financial Services Group from $135.00 to $139.00 and gave the stock an “outperform” rating in a research note on Friday, January 10th. Nine investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, The Hartford Financial Services Group currently has a consensus rating of “Moderate Buy” and an average price target of $122.28.

The Hartford Financial Services Group Price Performance

Shares of HIG opened at $110.93 on Friday. The firm has a fifty day simple moving average of $113.68 and a two-hundred day simple moving average of $112.92. The firm has a market cap of $32.16 billion, a PE ratio of 11.11, a P/E/G ratio of 0.81 and a beta of 0.98. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 0.26. The Hartford Financial Services Group, Inc. has a 1-year low of $85.34 and a 1-year high of $124.90.

About The Hartford Financial Services Group

The Hartford Financial Services Group, Inc, together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers.